GGB Release

Published: 2024-11-21 09:35:39 ET

EX-99.1 2 tm2429130d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Gerdau S.A.

Corporate Taxpayer ID (CNPJ) n.º 33.611.500/0001-19

Registry (NIRE) n.º 35300520696

NOTICE TO THE MARKET

Gerdau S.A. (B3: GGBR / NYSE: GGB) (“Company”) announces that the Board of Directors approved, on this date, its 18^th issuance of unsecured, non-convertible debentures, in up to two series, for a total amount of R$1,500,000,000.00 (“Debentures” and “Issuance”, respectively).

The Issuance will be the carried out by means of a public offering, under automatic registration procedure, pursuant to CVM Resolution No. 160, dated July 13, 2022, through the intermediation of financial institutions that are part of the securities distribution system, under a firm commitment underwriting arrangement for the entirety of the Debentures, and targeting professional investors. The main characteristics of Debentures are:

	Main Characteristics
	1^st Série	2^nd Série
Issuance Date	December 10, 2024
Maturity Date	4 years	7 years
Interest	DI Rate +0.50%	DI Rate + 0.64%
Volume (R$) and Quantity	The Bookbuilding Procedure will define the number of series and the number of Debentures to be allocated to each series and, consequently, the volume of each series, observing the system of interconnected vessels. A total of 1,500,000 Debentures will be issued

The net funds obtained by the Company from the issuance will be used for ordinary management business.

The general Issuance conditions are detailed in the minutes of the Meeting of the Company’s Board of Directors available on the websites of the Company’s Investor Relations and of CVM.

This notice to the market is for information purposes only under the terms of the regulations in force and does not constitute and should not be construed as any effort to sell the Debentures.

São Paulo, November 19, 2024

Rafael Dorneles Japur

Executive Vice-President and Investor Relations Officer

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.